The authors summarize findings from their research on how purpose relates to the profitability, growth, and value of …
Governance
IESE-ECGI CONFERENCE on Can Purpose Deliver Better Corporate Governance?
The inaugural dean of Oxford University's Said Business School and academic director of the British Academy's Future of …
Corporate Resilience and Response to COVID-19
The global COVID crisis provides a test case for the argument that public companies, by making significant and …
Enlightenment Environmentalism: A Humanistic Response to Climate Change
The author counters the prevailing pessimism about the environment, which he calls “Romantic Declinism,” with his own “Enlightenment …
The Pragmatic Theory of the Firm
Four key ideas provide the foundation for the pragmatic theory of the firm, which is expecially useful for …
The Relationship between Shareholder Return and CEO Pay over a...
The author reports the findings of his examination of the relationship between CEO pay and performance, as measured …
Value-Added Per Share (VAPS): A Value-Relevant Corporate Performance Metric
The authors introduce Value Added Per Share (VAPS) as a value-relevant metric that is intended to complement earnings …
Should Shareholders Have a Say on Acquisitions?
Shareholders of U.S. corporations have lost billions of dollars in acquisitions they never approved. In the United Kingdom, …
American Enterprise Institute Roundtable: Was Milton Friedman Right about Shareholder...
In this look back at Milton Friedman’s famous essay in The New York Times 50 years ago organized …
The First Modern Financial Crises: The South Sea and Mississippi...
The twin South Sea and Mississippi bubbles of 1720 inaugurated the new age of modern finance. Both of …